BUSINESS
China's business climate floundering, India a key de-risking alternate for USA Inc, says this report
It is increasingly getting riskier to do business in China, according to a report by American Chamber of Commerce in Shanghai.
BUSINESS
DCGI suspends nod for Entod's eye drop, company says will challenge the order
The DCGI order, reviewed by Moneycontrol, said the company did not obtain any prior approval from the Central Licencing Authority to make such claims for the product.
BUSINESS
Raymond Lifestyle bets an 'extended wedding season' this year will fashion a demand surge
Around 45 days or so before the wedding season, Raymond Lifestyle said the business starts to see traction. This year too, an uptick in demand may be visible from the second quarter itself.
BUSINESS
Iron ore prices struggle at multi-year lows in a 'challenging' global environment
Prices of iron ore have been slipping this year, down more than 33 percent, to test multi-year lows as domestic consumption from China remains weak, with no sign of any recovery.
BUSINESS
Brent tests $139 on fears of ban on Russian oil; JPM fears $185 for crude in 2022
The commodity complex is in the midst of its strongest start to the year since 1915, as fears of a ban on oil & gas supplies from Russia is stoking panic. Brent crude prices have tested $139 per barrel and a JPMorgan reports is projecting $185 for oil in 2022.
WORLD
Shane Warne: The wizard who glorified spin bowling
If one looks beyond the trio of Bedi, Prasanna and Chandrashekhar who ruled the cricketing universe, arguably no one aside Warne came close to restore spin bowling to its rightful glory.
BUSINESS
West risks inflation with Russian sanctions, says Devina Mehra; watch out for rupee slump this year
Sanctions on Russia could also sting the US, but for now the geo-political impact seems negligible. First Global’s Devina Mehra tells Moneycontrol it is time to orient towards companies that can gain from a weakening rupee.
BUSINESS
BP snaps ties with Russia's Rosneft, pressure grows on other Western firms to exit country
Political pressure is mounting on Western oil giants to exit Russia. Experts hint at $25 bn loss for BP over its Rosneft stake sale, while Brent prices are back near $105 levels.
BUSINESS
Rahul Bajaj rides into the sunset, as fabled Chetak lives on forever
Grief runs deep today as India lost a son who would always put nation first. Bajaj Chetak gave India's manufacturing the courage to dream big.
BUSINESS
Ruchir Sharma's move shows new-age wealth advisors adding heft
The rising AUM with newly-minted global wealth advisories shows that Family Offices like Rockefeller are punching above their weight. They are taking on the traditionally bigger rivals in wealth management, a new playing field is emerging for a more diverse range of advisors.
